Shri Kanha Stainless IPO GMP: Day 2 IPO Live Updates

Posted by : sachet | Thu Dec 04 2025

The Shri Kanha Stainless IPO GMP is ₹20 as of 3rd December 2025. It is a bookbuilding IPO of ₹46.28 crores. This is an entirely fresh issue of 0.51 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 10th December 2025. The face value of Shri Kanha Stainless IPO shares is ₹10 per share, and the IPO price band is ₹90 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,88,000.

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Shri Kanha Stainless IPO GMP Grey Market Premium

As mentioned earlier, the Shri Kanha Stainless IPO GMP currently stands at ₹20 per share. Thus, the estimated listing price would be flat at ₹110.00. This indicates that the estimated listing gain in this IPO could be 22.22%. Explore the table for the Shri Kanha Stainless IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
4-12-2025	₹90.00	₹20.00	₹110.00	22.22%
3-12-2025	₹90.00	₹25.00	₹115.00	27.78%
2-12-2025	₹90.00	₹25.00	₹115.00	27.78%
1-12-2025	₹90.00	₹0.00	₹90.00	0.00%
30-11-2025	₹90.00	₹0.00	₹90.00	0.00%
29-11-2025	₹90.00	₹0.00	₹90.00	0.00%
28-11-2025	₹90.00	₹0.00	₹90.00	0.00%

Note: GMP details are subject to change based on market conditions and fluctuations. Check live Shri Kanha Stainless IPO GMP status on Univest app.

Shri Kanha Stainless IPO Details

IPO Allotment Date	8th December 2025
IPO Open Date	3rd December 2025
IPO Close Date	5th December 2025
Refund Initiation	9th December 2025
Issue Size	51,42,400 shares(aggregating up to ₹46.28 Cr)
Face Value	₹1 per share
Lot Size	288 Shares
Issue Price	₹48 to ₹52 per share
Issue Type	Bookbuilding IPO
Listing At	BSE NSE
Listing Date	10th December 2025

Also Read: Shri Kanha Stainless IPO GMP & Review: Apply or Avoid?

Explanation

Shri Kanha Stainless IPO: Shri Kanha Stainless IPO Limited has declared an issue price band of ₹90.00 per share. With this IPO, the company allows retail investors to bid for at least two lot of 3,200 shares, each worth ₹2,88,000. The face value of Shri Kanha Stainless IPO Limited shares is ₹10 per share. The shares of Shri Kanha Stainless IPO Limited will be listed on NSE and SME on its tentative listing day, 10th December 2025. Scroll down to check GMP updates and Shri Kanha Stainless IPO reviews.

Shri Kanha Stainless IPO Objectives

The primary aim of the Shri Kanha Stainless IPO is to raise ₹46.28 crores. On the other hand, Shri Kanha Stainless has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Shri Kanha Stainless IPO.

Upgradation of existing manufacturing facility by installation of 1150 mm 4- Hi AGC Reversible Rolling Machine
Repayment/pre-payment, in part, of certain secured and unsecured borrowing availed by the Company
Funding of the Working Capital Requirement of the Company
General corporate purposes

Shri Kanha Stainless IPO Registrar

According to recent updates, MAS Services Limited is the registrar for the Shri Kanha Stainless IPO, awaiting management’s approval to initiate the allotment process and refunds. For any queries regarding the Shri Kanha Stainless allotment and refund, you can contact MAS Services Limited at ipo@masserv.com or (011) 2610 4142.

Shri Kanha Stainless IPO Review

The Shri Kanha Stainless IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Shri Kanha Stainless Limited’s revenue soared by 12% from ₹131.00 crores in March 2024 to ₹146.39 crores in March 2025. Moreover, the company’s PAT increased by 122% from ₹2.60 crores in March 2024 to ₹5.79 crores in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Shri Kanha Stainless IPO or not.

Shri Kanha Stainless IPO Technicals

Key Indicators	Value
PE Ratio (Price-to-Earnings)	16.23
EPS (Earnings Per Share)	5.55
RoNW	47.61%
ROCE	19.20%
ROE	47.61%
EBITDA Margin	9.18%
Price to Book Value	7.73
Market Capitalisation	₹140.24 Cr.

The PE ratio of Shri Kanha Stainless Limited shares is 16.23, and its Earnings Per Share (EPS) stands at 5.55. Thus, the Shri Kanha Stainless IPO can deliver gains on its tentative listing date, 10th December 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shri Kanha Stainless Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	16.23	16.47
EPS	5.55	5.46

FAQs on Shri Kanha Stainless IPO

What is the Shri Kanha Stainless IPO GMP?

Currently, on 4th December 2025, the Shri Kanha Stainless IPO GMP (Grey Market Premium) stands at ₹20.00. This indicates that the estimated listing price could be ₹110.00 per share.

What is the issue price of Shri Kanha Stainless IPO?

The Shri Kanha Stainless IPO price range is ₹48.00 to ₹52.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 288 shares, worth ₹14,973. Moreover, HNIs are required to bid for a minimum of 14 lots (4,032 shares) worth ₹2,09,664.

Who is the registrar of Shri Kanha Stainless IPO?

MAS Services Limited is the registrar for the Shri Kanha Stainless IPO, awaiting management’s approval to initiate the allotment process and refunds. For any queries regarding the Shri Kanha Stainless allotment and refund, you can contact MAS Services Limited at ipo@masserv.com or (011) 2610 4142.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shri Kanha Stainless IPO, download the Shri Kanha Stainless IPO RHP and Shri Kanha Stainless IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.